Dissolution of Subsidiary. Immediately prior to the Effective Time, CBNK shall dissolve Cabot Management Corporation, CBNK’s wholly-owned subsidiary. Prior to such time, CBNK shall not and shall not permit any of its Subsidiaries to conduct any operations, acquire any assets, incur any liabilities or enter into any contract using Cabot Management Corporation.
Dissolution of Subsidiary. KMI shall have taken all steps necessary to dissolve and shut down its wholly owned subsidiary, Knowledge Machine, Inc., a Nevada corporation (the “Subsidiary”), including the making of all required filings, payment of all taxes owing, and payment and settlement of any outstanding obligations or liabilities of the Subsidiary.
Dissolution of Subsidiary. The Company is in the process of dissolving its Subsidiary, Axiom Pharmaceutical Corporation.
Dissolution of Subsidiary. Not later than December 31, 2002, Del Global shall (i) cause Dynarad to be dissolved in accordance with all applicable Requirements of Law or (ii) pledge all of the outstanding shares of capital stock of Dynarad to the Lender as security for the Obligations under an amendment to the Pledge Agreement.
Dissolution of Subsidiary. The Company shall have completed the dissolution of Reflect Acquisition, LLC under Texas Law.
Dissolution of Subsidiary. The Agent shall have received evidence in form and substance reasonably satisfactory to it of the dissolution of Controlled Products Group International, Inc., a Delaware corporation.
Dissolution of Subsidiary. On or before December 31, 2011, Guarantor shall deliver to WFBC evidence, in form and substance acceptable to WFBC in its sole discretion, that TS Staffing Services, Inc., a Texas corporation, has merged with and into TS Staffing Services, Inc., a Delaware corporation, with TS Staffing Services, Inc., a Delaware corporation, as the surviving entity.
Dissolution of Subsidiary. The Company’s Subsidiary, Hireworks, Inc., a Delaware corporation (“Hireworks”), was dissolved on November 14, 2005. Between the date of this Agreement and the Closing Date, the Company shall cause Hireworks to diligently pursue the discharge of its liabilities and the distribution to the Company (as the sole stockholder of Hireworks) of any remaining assets.
Dissolution of Subsidiary. Title Wave Stores, Inc., a Minnesota corporation, shall be legally dissolved no later than September 6, 2000.
Dissolution of Subsidiary. As promptly as practicable, and in any event within 60 days of the Closing Date, the Borrower shall liquidate, dissolve or merge JPT in a transaction expressly permitted by Section 8.04 and provide the Lender with evidence of such liquidation, dissolution or merger in form and substance satisfactory to the Lender.
